Tech Talk for Wednesday March 26th 2025

U.S. equity index futures were mixed this morning. S&P 500 futures were down 2 points at 8:35 AM EDT.

S&P 500 futures were unchanged following release of February Durable Goods Orders at 8:30 AM EDT. Consensus called for a 1.0% drop versus a 3.1% gain in January. Actual was a 0.9% gain.

GameStop advanced $1.59 to $26.98 after the company confirmed plans to invest in Bitcoin.

General Dynamics is expected to open higher after the company won a $1.07 billion contract extension from the U.S. Navy.

Chewy advanced $0.89 to $34.50 after reporting higher than consensus fourth quarter earnings.

Worthington Industries gained $1.07 to $42.70 after reporting higher than consensus earnings.

EquityClock's Market Outlook for March 26th

The supply of new homes is surging and this threatens the growth of home prices that Americans have benefited from since the onset of the pandemic. See:

https://equityclock.com/2025/03/25/stock-market-outlook-for-march-26-2025/

Technical Notes

General Electric $GE an S&P 100 stock moved above $211.80 to an all-time high extending an intermediate uptrend.

Regeneron Pharma $REGN a NASDAQ 100 stock moved below $640.35 extending an intermediate downtrend.

Power Corp $POW.TO a TSX 60 stock moved above Cdn$50.78 to an all-time high extending an intermediate uptrend.

Sun Life Financial $SLF.TO a TSX 60 stock moved above $82.38 resuming an intermediate uptrend.

Loblaw Companies $L.TO a TSX 60 stock moved above Cdn$195.95 to an all-time high extending an intermediate uptrend.

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for March 25th 2025

Green: Increase from previous day

Red: Decrease from previous day

Source for all positive seasonality ratings: www.EquityClock.com

Commodities

Daily Seasonal/Technical Commodities Trends for March 25th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for March 25th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by Valued Providers

Key Levels for AAPL, AMZN, NVDA Will This Market Rally Hold? David Keller

Key Levels for AAPL, AMZN, NVDA Will This Market Rally Hold? - YouTube

Gene Munster: The Fateful Eight & Elon’s Faithful Base: Dan Nathan and Gene Munster

Gene Munster: The Fateful Eight & Elon’s Faithful Base - YouTube

The markets will get a lot more noise from April tariffs, says Ed Yardeni

The markets will get a lot more noise from April tariffs, says Ed Yardeni - YouTube

Dan Ives: April 2nd tariffs feels like they are ‘essentially off’

Dan Ives: April 2nd tariffs feels like they are ‘essentially off’ - YouTube

CHART THIS with David Keller, CMT Tuesday 3/25/25

https://www.youtube.com/watch?v=aY5pEN6gH0g

S&P 500 Momentum Barometers

The intermediate term Barometer added 1.20 to 41.80. It remains Neutral.

The long term Barometer slipped 0.20 to 49.40. It remains Neutral.

TSX Momentum Barometers

The intermediate term Barometer slipped 1.36 to 59.09. It changed from Overbought to Neutral on a slip below 60.00.

The long term Barometer added 0.91 to 58.64. It remains Neutral. Daily uptrend was extended.

The short term (20 days) Barometer added 1.38 to 73.18. It remains Overbought. Daily uptrend was extended.

Disclaimer: Seasonality ratings and technical ratings offered in this report and at

www.equityclock.com are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed